If you're looking for a turn-key business opportunity this buffet restaurant is perfect. All the hard work is done. It is located on the corner of a very busy intersection with plenty of parking. There is approximately 6,000 square feet, seating for 200 plus, and five buffet lines. The lease has nine plus years remaining and two, five year options. Currently opened for lunch and dinner and could expand into Saturday and Sunday breakfast for added revenue. Kitchen is fully equipped with a large walk-in cooler and walk-in freezer and three hoods. It is very functional, well appointed, and clean and organized. Seller is motivated to sell as he no longer wants to be involved in the restaurant business. He would like to spend more time with his family. This is a great opportunity to own a newly remodeled and stylish buffet restaurant. Take the next step and select one of the bright orange buttons below and complete the on-line confidentially agreement and you'll be provided with the restaurant's name and address.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Diego Restaurants For Sale
Lease Term:
expires Jan. 2018 + 2 - 5 yr option
Total Monthly Rent:
$10,300
Security Deposit:
$35,968
Operations
# of Full-Time Employees:
5
# of Part-Time Employees:
10
Hours Open:
Open 7 Days 11AM till 8:30PM
Highlights
- Very well appointed full service restaurant
- Located in a very busy shopping center
- Great corner location on busy intersection
- Large walk-in cooler and walk-in freezer
- Fully equiped kitchen
- New furniture and fixtures
- Base rent and CAM $12300. month
- Opened January 2008 with sales at $60000.+
- Plenty of easy parking with quick access to major highway
- Easy to follow business model
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
45,247 |
103,520 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
12,787 |
30,555 |
2010 Persons Per Household |
3.13 |
3.08 |
Median House Value |
$261,900 |
$307,897 |
Income Per Household |
$49,521 |
$57,943 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
252 |
655 |
2012 Number Of Employees |
5,698 |
12,864 |
2012 Total Annual Payroll |
$106,837,000 |
$205,470,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.